IREDA shares fall 5.8% as Q1 net profit declines 35.7% YoY; analysts flag asset quality and credit risk.

• Bad loans rise due to Gensol exposure and stressed legacy renewable energy accounts, say PhillipCapital analysts.
• Analysts are cautious on the credit cost outlook due to high-risk assets and weak medium-term confidence.
• Stock down 21.2% YTD, reflecting investor concerns over earnings pressure and asset quality issues.